Rebirth Online Entertainment

Chapter [-]: Reforming China

"Listed?"

Yunling's expression was startled, he could hardly believe it. 【

Aishang Reading Network]

Since the development of Tang Dynasty Company, there have been rumors in the market that if Tang Dynasty Company chooses to go public, it will definitely be a world-class company.On the Nasdaq in the United States, I am afraid that Microsoft and Apple are on par.Today, Tang Dynasty Company has developed even bigger.What's more, it has more development prospects than other technology companies.

It's just that the outside world has been guessing and guessing.In addition to Tang Dynasty's official affairs, there was no movement from other subsidiaries.In detail, only Amazon, the South Korean toz company, is listed in the United States and South Korea.However, these are all before the acquisition, both companies have been listed, and have little to do with Tang Dynasty Company.But even so.After the acquisition by Tang Dynasty Company, the market value of the two companies has increased by leaps and bounds. Until now, compared with the previous acquisition, it has increased by more than 5 times in a single jump.

In the market, these two companies are also regarded as potential stocks.

Because, Tang Dynasty Company did not choose to go public.Then, with the development of Tang Dynasty Company, everyone will focus their attention on these two stocks related to Tang Dynasty Company.Indirectly, these two stocks are regarded as the external expansion port of Tang Dynasty Company.In this way, a large number of institutions, including retail investors, have been reaping a lot in the past few years, and even those who have been holding these two stocks will not sell them to death.In their opinion, in the future, Amazon and toz companies will definitely be able to make rapid progress again under the leadership of Tang Dynasty Company and realize their asset appreciation plan.

"Overseas or stocks?"

After a while, Yunling asked.

Generally speaking, most Chinese technology stocks choose to list overseas.Most of the Chinese technology stocks listed on NASDAQ in the United States.Companies like Sina, Netease, Sohu, Kongkong, and Tom all chose to go public in the United States.On the one hand, the United States is the birthplace of Internet technology companies. On the other hand, the threshold set by Nasdaq in the United States is not very high.Moreover, American investors also pay more attention to Internet information.

In contrast to China, even though China joined the WTO, the world economy has become one.However, Chinese stocks, that's a lot of problems.In addition, among the Chinese stocks, there are not many technology companies, and there seems to be only one holding Haihong.This one is the technology company that acquired the "Lianzhong" banner back then.But in the domestic market, the performance was mediocre.A bunch of investors who don't even know what he does.In this way, it is not supported by the organization.

Therefore, if technology companies in China want to go public, they generally choose overseas.

Ling Yun is very good at economics.As for the listing issue mentioned by Chen Jiayi, he hit the key point at once.

"Brother Yun, what do you think?"

Chen Jiayi didn't answer directly, but threw the topic into Ling Yun's hands.

From his intuition, Chen Jiayi feels that Ling Yun is an outstanding politician, and, it is said, he has unique research on economic management.This question can also be regarded as checking Lingyun's capital.

"Brother Chen is testing me, brother."

Yunling rolled his eyes, thought for a while, and then said, "Actually, it doesn't matter if you guess or not. As long as Chen's subsidiary company chooses to go public, whether it's a domestic stock or an overseas stock, for me Said it was already a great help."

This is not false.

You know, a lot of people are now advocating the listing of Tang Dynasty Company.Even some - government - department personnel want Tang Dynasty Company to go public.The reason is that as long as the Tang Dynasty company is listed.Whether it is domestic or foreign.It doesn't matter whether it is the overall listing of Tang Dynasty Company or the listing of its subsidiaries.It's all a great joy.Moreover, it is also conducive to stimulating the impact of China's economy.Even after going public, a large amount of money can be raised.

After that, this sum of money will not be deposited in the bank, but will naturally be invested elsewhere.

This cycle continues, naturally, is conducive to economic development.

Among them, being a member of Dongtang Dynasty Company's listing must have contributed a lot.It's just that no one has been able to drag Tang Dynasty Company into the listing process.I have to say this again, the Tang Dynasty company is not short of money, and they don't want to go public, so what can you do.Therefore, in recent years, no matter who it is, it is fortunate to return to the issue of Tang Dynasty's company listing.

Today, Chen Jiayi has thrown over the plan of the *** network, which is simply a great help to Yun Ling.

Although it seems that this plan is not as huge as the operating system.However, the economic effect he produced is simply difficult to estimate.Moreover, in the future, as long as the *** network of Tang Dynasty Company is listed.Other subsidiaries will follow suit.In the end, if the entire Tang Dynasty Group goes public... Thinking of this, Yun Ling didn't dare to think about it anymore.

"Brother Yun is indeed a great talent."

Chen Jia nodded her head as she recognized Yun Ling.

This guy is really amazing.

"Actually, I want to choose to be listed on the stock market?"

At this time, Chen Jiayi said directly.

As far as the domestic stock market is concerned, among the entire stock sector, there are only some real estate, non-ferrous metals, securities companies, medicine-pharmaceuticals, agriculture, engineering and construction... However, there are not many Internet technology stocks.At most, it is some electronic information stocks.Like tl, Haier, BOE, Langchao Technology...

However, among pure Internet technology companies, there are almost none.

In later generations, *** Network chose to list on NASDAQ in the United States.Moreover, after the listing, the performance is so good that it is confusing.Also because of ***Network's outstanding performance in Nasdaq, Chen Tianqiao, the CEO of ***Network in the future, was able to do so in an instant.With the appreciation in the stock market, he became the richest man in China that year.

In other words, if *** Network wants to be listed on the stock market, the risk it takes is relatively large.

And, that's not the most important thing.

Because the stock market has only developed for more than ten years, it is far from a lot of capitalist countries.Even Hong Kong's stock market is incomparable.Therefore, in many cases, the stocks listed on the stock market have to be played by institutions.It has become a tool for a large number of institutions to defraud people's hard-earned money in the secondary capital market.

"share?"

Obviously, even Ling Yun didn't expect that Chen Jiayi wanted to list the *** network in the stock market.

He focuses on the economy, and he is well aware of the various disadvantages of the stock market.Although, this is not too bad for a large number of listed companies.After all, they've already raised money.However, after the financing, basically, they will not manage the performance of the stock... because whether the stock goes up or down has no effect on them at all.

In other words, the stock market is known as a barometer of the economy, but in the Chinese stock market, its performance is not so obvious.As a large technology company, it seems impossible for Chen Jiayi to choose to be listed on the stock market.Even in later generations, Tencent did not choose to be in the stock market, but chose to be in Hong Kong.

"you sure?"

"of course."

After Chen Jia confirmed his answer, Yun Ling couldn't help being even more excited.

***Network is listed on the stock market, which is much better than listing overseas.Of course, it is for him.How to say, as a -government -worker.If the domestic capital can be kept and not flowed out, it will be the best.Moreover, if *** Network can be listed in China, it will definitely be the first Internet stock in the domestic stock market.

This is also of great benefit to the stock market and the entire Chinese economy.

Of course, for Yunling, it was even more helpful.

However, just after Yunling thought about it, how could Tang Dynasty Company want to list on the stock market based on the decision of Tang Dynasty Company?

"Well, brother Chen, if you want to help brother me, you don't have to."

***Network's choice to go public has already helped him a lot.

"Brother Yun doesn't have to be like this."

Chen Jiayi snickered inwardly, and said to himself, "I chose to go public on the stock market, but that's not to help you. Rather, I planned to go public in the near future, and I chose the stock market. This cloud If Ling Pao comes, then give this benefit to him. Anyway, before Tang Chao Company goes public, it needs someone to take care of it."

"By the way, I want to ask a brother Yun, if you hack the Internet, how about choosing to list on the stock market as a whole?"

Generally speaking, in the stock market.

Because in the past, some older bourgeoisie blocked it.Originally, Chinese stocks were listed and fully circulated as a whole.Later, some old guys said that if the overall listing is fully circulated.What if someone acquires the country's assets in the secondary market?Just like Tang Dynasty Company acquired Amazon in the secondary market.Therefore, in order to protect the national assets from the danger of being taken away, these representatives set up various restrictions on the stock market.

For example, when PetroChina is about to go public.He only took out 10% of the shares in circulation, and the other 90% of the shares were not in circulation.So, 10%, even if you buy them all, you still can't control my assets.However, with the development of capital, this partial stock listing system has increasingly restricted economic development.Moreover, it also makes Chinese stocks a strange financing market.

Most powerful companies do not want to be listed on the stock market.

Later, the country also realized this danger.In 2005, shareholding reform was implemented.Therefore, those shares that have not been circulated have been promoted to circulate through the lifting of the ban.Since then, many stocks in the Chinese stock market have entered the era of full circulation.But the problem is that although the share reform has been carried out, the listing system has not been corrected.Therefore, the share reform is also a temporary solution, not a permanent cure.In other words, the listing system still only allows some shares of the entire company to be listed.After a few years, it is allowed to circulate.As a result, the Chinese stock market is still a strange monster.

Of course, the current stock market is not even as good as a strange monster, because the stock reform has not yet started.

"Is it going public as a whole?"

China's stock market, especially for some large state-owned companies.In fact, they are very reluctant to go public as a whole.Because it is not listed as a whole, it has great benefits for some employees of large state-owned companies, especially the management of listed companies.At this time, they can use various methods to obtain some incentives from the company.For example, rewarding company shares through equity incentives.These shares seem to be very few. After staying for a few years and throwing them all into the stock market, they have become tens of millions, or even billionaires.

There are even some national companies that sell internal shares to their employees.They buy it for about one dollar a share.After the listing, it will cost dozens of yuan a share.These various measures can only be taken by state agencies.Just ask, if it is a private enterprise, they will certainly not be so generous.

"The current stock listing system does not allow the listing of the entire stock market. I am afraid that this will be very difficult."

"What if I volunteer?"

The principle of partial stock listing has always been the system for stock listing today.

For a large number of companies, especially state-owned companies, they all like it very much.Because they don't speculate in stocks, they just want to make money.As long as the company is listed, they can make money, that is.After he goes public, whether shareholders lose money or make money, it has nothing to do with them.Moreover, the stock price of some shares listed has been ridiculously high.

In other words, no company would be so stupid as to go public with a fully-tradable overall stock.

Seeing Yunling's silent expression, Chen Jiayi sighed, and said, "China's economic development, China's progress, and the capital market must be healthy. Just like the stock market, where the performance of the capital market is most obvious. If If all kinds of systems are not perfect, then it will not benefit the Chinese economy at all. I am sure that in the future, the domestic government - will definitely realize the imperfection of the shareholding system and carry out the reform of the shareholding system.

However, the resistance to reform may be very large.Even if - the government - wants to, it may not be done so soon.As a *** company, I would like to make a start and set an example in the national capital market... Maybe, after a few years, with the support of public opinion, some other state-owned companies and various systems will also be supported accordingly. Complete. "

Because, Chen Jiayi is trying to use the subsidiary company of Tang Dynasty Company to improve the ills of the Chinese stock market.However, he did not want to forcefully reform the domestic system.Because, it's hard.Chen Jiayi, who knows the future generations, knows even more that even until 2011, the Chinese stock market still has a lot of problems, which cannot be corrected just by thinking about it.

Today, Chen Jiayi has this ability.He would like to use the *** network to be a handsome figure in the stock market.In the future, as long as investors are convinced by Tang Dynasty Company.As for other listed companies under imperfect systems, they showed indifference.Then, he was successful.Because at that time, these listed companies, in order to win the trust of consumers and obtain market financing, will further improve themselves and become a qualified capital market.

When I was studying at Tsinghua University, senior Lan Heng always talked about the immaturity of China's capital market.In particular, the odd shape of the stock market.If this continues, Chinese jus cogens will develop rapidly.However, for this labor-intensive China, once the rapid growth is stopped, the domestic economy will enter a long period of economic weakness, and it will be difficult to get out.

However, Lan Heng, he is only an economic adviser to the State Council, he can only advise some powerful people, and cannot improve China's capital system.And even if it is proposed, it encounters a lot of problems.Because these listed companies, and a large number of listed companies in China at present, are all state institutions.Even China Telecom, China Unicom, PetroChina, and those with the word "China" are all controlled by the State-owned Assets Supervision and Administration Commission, and they are simply a political group.

Even the top leaders, they have nothing to do with these companies.

Now, as soon as Chen Jia took over Lan Heng's previous words, he wanted to create a complete Chinese economic capital market.Moreover, Chen Jiayi also knew.Why the United States is so developed, its capital market is also an important reason.

Like a lot of advanced companies, they all have to go public in the United States.Although, they got American capital.But, the other way around.Didn't I tell you that the United States has invested globally.Like Sina, Netease, Sohu, speaking of which, a lot of Americans are investing.In other words, a large number of Americans are their shareholders.And with the development of Sina and Netease, the shareholders of these investments will get another huge benefit.

These are not the importance of the capital market.

As for Chen Jiayi, the first one is to start with the listing system of Chinese stocks.

"This task is probably very difficult."

Only now did Yunling know how huge Chen Jiayi's plan must be.Now look at this plan, what kind of - operating system... Even the 1 - operating system plan is not comparable to this one.This is simply to reform the Chinese economy.Even if it is placed in the hands of national leaders, it is a first-class event.Not to mention, for Yunling.

"However, if it is completed, for Brother Yun, I'm afraid..."

Whoever can complete the task of reforming China's economy will definitely go down in history.Even, commented on by historians of later generations.His status will even exceed that of a large number of national leaders.Just like in history, everyone knows that Wang Anshi of the Song Dynasty played an important role in economic reform.But, may I ask, do you know which emperor was in power during Wang Anshi's period.I'm afraid, not studying history, who knows?Moreover, if this task is completed.For anyone, it is a huge amount of political capital. It can be said that he will be invincible in the next few decades.

"If Brother Yun finds it very difficult, you can join forces with Chang's family and Mr. Wen... I think they are also willing to clear away all obstacles for this road."

Speaking of which, the reform of China's capital market also came after Mr. Wen came to power.For this leader of the government, I believe that for him, he will be very happy to see the reform of China's economy. "Besides, my *** network is just a pioneer. It is a loophole to not break the system. If it goes public, with the influence of our Tang Dynasty company, I am afraid that a lot of companies will follow suit. Until the end, reforming China's capital market is not a difficult task."

This is not a head-on reform, but a slow, gradual approach.

This way, at the beginning, as long as it is under the protection of a few political dignitaries, there will be no problems, and it is impossible for other people to desperately oppose it.Even today's imperfect system will not be violated.However, in the end, as long as the general trend is developed, the mature capital concept will flow into the hearts of Chinese people.These old-fashioned, rigid, and even unhealthy systems will definitely be washed away and nothing will exist.

"I just don't know, Brother Yun, do you dare?"

【

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